Macy’s to open 1st small format store in New Jersey as it accelerates expansion

The first pared-down Macy’s in New Jersey will open its doors in a few days, part of the company’s push to triple the number of such units by fall 2025.

Macy’s to open 1st small format store in New Jersey as it accelerates expansion

NEW YORK – The first pared-down Macy’s in New Jersey will open its doors in a few days, part of the company’s push to triple the number of such units by fall 2025.

The latest small-format Macy’s store is slated to hold its grand opening April 19 at Centerton Square in Mount Laurel, N.J. The 30,200-sq.-ft. store will open in a space formerly occupied by Bed Bath & Beyond. Neighboring retailers include Target, T.J. Maxx, Burlington, Five Below, Mattress Firm, Lane Bryant, DSW and Yankee Candle.

The company is also expected to open a 2^nd small-format Macy’s store in New Jersey at some point this year in Ramsey, N.J. Also a former Bed Bath & Beyond location, the unit will be approximately 25,000 sq. ft.

Last October, Macy’s Inc. announced plans to step up expansion of its small-store strategy, beginning in 2024. By the second half of 2025, it expects to operate up to 30 new small-format Macy’s units. There were a dozen such units in operation at the end of 2023.

“Paired with a premier digital experience, these small-format stores enhance the company’s store portfolio with a mix of the best on- and off-mall locations, to deliver a seamless shopping experience across channels,” the company said in the announcement.

Macy’s Inc. has not yet published the full roster of small-format locations it has planned. Nor has it publicly release a list of the roughly 150 full-line Macy’s stores slated to close between 2024 and 2026.